The KPMG/Recruitment and Employment Confederation (REC) Report fell from 53.7 to 49.7, indicating a contraction in the job market. On Friday, the results of a recent survey of recruiters has piled on mounting evidence of business caution ahead of Brexit…. Read More ›
Carillion’s collapse has angered lawmakers who called on the FRC to consider breaking up the “Big Four” accountants in order to increase competition and audit quality. On Tuesday, Britain, financial watchdog, the Financial Reporting Council (FRC) stated, it has opened… Read More ›
It is to be seen whether this pay growth will translate to better and stronger earnings across the British workforce. On Thursday, recruiters disclosed the starting salaries across British companies are rising at their fastest rates in recent years, thus… Read More ›
While some sections of the Eurosceptics are pushing to loosen lending rules, KPMG expects that Britain’s FCA and the Prudential Regulation Authority at the Bank of England will in fact tighten and enhance rules governing finance. In a report released… Read More ›
On Monday, Britain’s Financial Reporting Council stated, it has imposed a fine of three million pounds on accounting firm KPMG. Apart from the fine, it has also reprimanded and fined KPMG’s senior partner Michael Francis Barradell for misconduct related to… Read More ›
Although the measures adopted by the FRC are strong, in comparison to penalties imposed by Britain’s Financial Conduct Authority they are still small. On Monday, in a significant development, the Financial Reporting Council (FRC) disclosed that it has accepted the… Read More ›
Having admitted to allegations stemming from the diesel emission scandal, Europe’s biggest car maker is making rapid strides to leave it behind. Here is the order of U.S. District Judge Charles Breyer against the company’s 3.0 litre diesel-scandal-emission-linked models. U.S…. Read More ›
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